https://www.taxtmi.com/caselaws?id=17091 The High Court upheld the Tribunal's decision regarding commission payments to Giri Raj Fertilisers and Chemicals and Anand Pratyabhut Vit Nigam, determining them as valid revenue expenditures under section 37 of the IT Act. The Tribunal's differentiation between capital and revenue expenditure based on the test of enduring benefit was deemed factual and not raising any legal questions, leading to the rejection of the Revenue's application under section 256(2) of the IT Act. en-us Fri, 17 Oct 1997 00:00:00 +0530 Tue, 15 Sep 2009 11:32:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17091 The High Court upheld the Tribunal's decision regarding commission payments to Giri Raj Fertilisers and Chemicals and Anand Pratyabhut Vit Nigam, determining them as valid revenue expenditures under section 37 of the IT Act. The Tribunal's differentiation between capital and revenue expenditure based on the test of enduring benefit was deemed factual and not raising any legal questions, leading to the rejection of the Revenue's application under section 256(2) of the IT Act. Case-Laws Income Tax Fri, 17 Oct 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17091